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CloseThe close is the period at the end of the trading session. Sometimes used to refer to closing price. Related: Opening.Close Similar MatchesClosed end fundClosed end fundA collective fund which has a fixed number of issued shares traded on a stock exchange. Because the supply of shares is limited, they will rise and fall in value according to supply and demand just like ordinary company shares. In the UK, this is equivalent to an investment trust.In contrast, open end funds are allowed to accommodate demand by issuing new shares, so the value of their units does not rise and fall in response to demand, but is more or less equal to the value of the fund's underlying assets. In the UK, this is equivalent to a unit trust. Undisclosed PrincipalUndisclosed PrincipalA principal whose identity is not revealed by an agent. Closely heldClosely heldA corporation whose voting stock is owned by only a few shareholders. Closed fundClosed fundA mutual fund that is no longer issuing shares, mainly because it has grown too large. Close outClose outA futures transaction where an equal and opposite trade closes an open position. This leaves a trader with what is known as a zero net position. Further SuggestionsLimit on close orderClosed out Closed corporation closely held corporation Closer Economic Relations Closed economy Closed end management company At the close order Close end credit Closed end management company Close market Closed end fund close market close company Buy on close Market on Close (MOC) order On the close order closed period Closed end mortgage Closely held company |
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